When to File a Homeowners Insurance Claim
Posted: March 16, 2021
A home is a major investment, and home insurance is designed to protect it. We pay premiums in exchange for coverage, so the natural inclination is to file a claim when a covered loss occurs. The reality is not so clear cut. Filing a claim under the wrong circumstances can affect your premiums and your finances adversely in the future. It is important to know...
How to Roll Over Your 401(k)
Posted: March 13, 2021
If you leave your job for reasons other than retirement, you have four options on what to do with your 401(k). You can: Leave it with your former employer Consolidate it into your new employer’s 401(k) plan Cash it out Roll it over into an IRA or Roth IRA. Rolling Over a 401(k) to an IRA IRAs offer more investment options than 401(k)s. IRA fees...
Can I Have Multiple Health Insurance Plans?
Posted: March 10, 2021
Yes, it is perfectly legal to have more than one health insurance plan. With the coordination of benefits, it can work to your advantage. If you have access to two health insurance plans, it can increase your coverage and save you money. Why Do Some People Have More Than One Health Plan? People can end up with more than one health plan in a variety...
Preparing for the Life Insurance Examination
Posted: March 7, 2021
The healthier you are, the lower the risk for the life insurance company. This is why they usually require a medical exam before issuing a policy. Great results on your examination can help you lock in lower life insurance rates for years to come. Get ready for your life insurance exam with the following tips. Start Preparing Weeks Before Your Exam Some simple dietary changes...
Do I Need Different Insurance for a Vacation Home?
Posted: March 1, 2021
If you have the good fortune to own a vacation home, it is important to protect your investment. You may need a separate insurance policy to cover your second home. Vacation home insurance can help protect that property against a range of perils. Why Do I Need Separate Insurance for a Second Home? For a second home you don’t live in full time, you will...
